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Earnings Per Share (Tables)
3 Months Ended
Mar. 31, 2020
Earnings Per Share  
Schedule of earnings per share, basic and diluted

 

 

 

 

 

 

 

 

 

Three months ended

 

Three months ended

 

    

March 31, 2020

    

March 31, 2019

Net income applicable to common stock

 

$

1,075

 

$

911

 

 

 

  

 

 

  

Average number of common shares outstanding

 

 

11,133,290

 

 

11,133,290

Less: Average unallocated ESOP shares

 

 

411,877

 

 

433,698

Average number of common shares outstanding used to calculate basic and diluted earnings per common share

 

 

10,721,413

 

 

10,699,592

 

 

 

  

 

 

  

Earnings per Common share:

 

 

  

 

 

  

Basic

 

$

0.10

 

$

0.09

Diluted

 

$

0.10

 

$

0.09